The Nasdaq Stock Market, Inc., today announced that shortly after market participants began entering quotes for Microsoft after a trade halt for material news dissemination, Nasdaq began to experience intermittent problems with its quotation system. By 3:02 pm, when efforts to recover the quotation system were unsuccessful, SelectNet and SOES were suspended. At 3:06 pm, the quotation system was back up and pricing and all data feeds were operating as normal. SOES and SelectNet were reestablished at 3:20 pm.
The Nasdaq Stock Market lists over 4,400 companies, has a larger dollar volume, and trades more shares per day than any other market in the world. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.com or the Nasdaq NewsroomSM at www.nasdaqnews.com.
